Laserfiche WebLink
t <br />F <br />X"Ws 90--" 105595* =der"O'g"g'o <br />r THIS RIDER modifies and supplements the Deed of Trust to whkh It Is attached ( "Deed of Trust ") and the terms hereof shall <br />prevail over all conflicts And Inconsistencies contained in said Deed of Trust. <br />1. Beneficiary and Trustee hereby acknowledge that the Deed of Trust Is subordinate to a certain Mortgage <br />recorded In the office of the Register of Deeds of Hall County, Nebraska, at Gram island <br />between 1too_nald.M,.and T.ar Wna_R_ Tagan and i+�e Foulkahle Rnilding A 1_nnn AaaneJa inV1 <br />(bomirrafteo► cefied the "Prior Mortgage ") and all representations, covenants and warranties of Trustor made in the Deed <br />of Trust are hereby modified to the extent necessary to provide for such Prior Mortgage. <br />?. To the extent the Prior Mortgage shall require the payment of, and for so long as Trustor shall pay to the holder of the Pdor <br />Mortgage, funds for the payment of taxes, assessments, insurance premiums and ground rents, Beneficiary hereby <br />Waives Its fight to collect the same. <br />3. All original Insurance policies, tax statements and other documents and instruments which are to be delivered to Trustee <br />and/or Benellclary pursuant to the terms of the Dead of Trust are, to the extent the Prior Mortgage requires otherwise, <br />,•? modified to permit the possession thereof by the holder of the Prior Mortgage, provided however, Trustor shall furnish <br />copies of all such Insurance policies, tax statements and other documents and Instruments to Trustee or Beneficiary, as <br />Vi., case , ley be. <br />(.. 4. If Trustor shall def utt 'in any of the terms, conditions or provisbns of the Prior Mortgage, or In the instruments of <br />Indebtedness secured thereby, or if any proceeding or action shall be commenced to foreclose the Prior Mortgage, any <br />or all of the above shall constitute an Event of Default as defined in the Deed of Trust. <br />a Beneficiary, at its option, may cure any default of Trustor in any of the terms, conditions or provisions of the Prior <br />Mortgage, or In the Instruments of indebtedness secured thereby, and all amounts advanced by, and other expenses of, <br />Beneficiary 117 curing such default, together with interest thereon at the default rate, If any, set forth in the Note, or <br />otherwise at the highest rate permitted by law, shall constitute a part of the Indebtedness secured by the Deed of Trust <br />and shall be due and payable by Trustor to Beneficiary upon demand. <br />6. Trustor does hereby assign and convey to Beneficiary, all of Trustor's rights, Was and interests in and to the <br />P= Mortgage. <br />I 7. In the event the Prior Mortgage shall be a deed of trust, Beneficiary hereby requests that a copy of any notice of default <br />and notice of sale be mailed to it at its address set forth in the Deed of Trust. <br />This Rider has been executed in conjunction with the Deed of Trust to which it is attached and constitutes an integral <br />part thereof. <br />ewa»mb. mark• <br />TRUSTEE and BENEFICIARY: <br />Norwest Bank Nebraska, National Association <br />By Kurt A. Haecker _ <br />Title: _ Assistant Vice President <br />U <br />In <br />1 <br />S <br />h <br />r' <br />r <br />I <br />